Bitcoin Buyers for Square’s Cash App Doubled in Q3 2019 According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business.On Nov.6, payment processing giant Square issued a letter to shareholders outlining Q3 2019 financial figures, in which it disclosed that the total net revenue for its Cash App was… Tron Will Hard Fork in February to Add Institution-Friendly Features, CEO Confirms Blockchain development platform and BitTorrent owner Tron will debut a host of upgrades via a hard fork at the end of the month, CEO Justin Sun confirmed on social media on Feb.23.Tron, which presents itself as a competitor to Ethereum (ETH) for launching cryptocurrency tokens and other offerings, is preparing to increase its appeal… Interpol Collaborates With Cybersecurity Firm to Tackle Cryptojacking Interpol has collaborated with cybersecurity firm Trend Micro to reduce cryptojacking affecting MikroTik routers across South-East Asia, according to a Jan.8 press release.Though the collaboration reduced the number of affected devices by 78 percent, this is unlikely to have made a significant impact on mining hashrate.Cryptojacking is a malicious practice where attackers infect… Tezos Likely Avoiding SEC Action With $25M Class-Action Lawsuit Settlement The Tezos (XTZ) class-action lawsuit from law firm Block & Leviton will likely conclude in a $25-million settlement on August 27.Tezos, like many initial coin offerings (ICO) from 2017, has come under scrutiny from both investors and regulators alike alleging that its token sale constituted an illegal offering of securities.Indeed, the U.S.
Securities and… Shapeshift Launches Self-Custody Trading App for Android and iOS Users Shapeshift have launched their new mobile trading app in over 120 countries, giving users full control of their private keys.1665 Total views 4 Total shares Self-custody crypto platform Shapeshift has launched a mobile trading app for iOS and android users to buy and sell digital assets such as Bitcoin (BTC) and Ether (ETH) without… Nestlé Admits Blockchain Venture Has Been More Challenging Than Others Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture.Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept.
5 interview with TechWire Asia.A long-term journey, not a short-term betLast month, Nestlé… NuCypher and Keep Network propose ‘world’s first decentralized protocol merger’ Data encryption and protection protocols Keep Network and NuCyper have announced plans to integrate around a new network dubbed “Keanu.” 2561 Total views 13 Total shares The communities of crypto projects Keep and NuCypher are proposing a “hard merge,” with onlookers describing the move as “the world’s first decentralized protocol merger.”Proposals were published to the… Huobi Unveils ‘Finance Chain’ For Building Enterprise Blockchains Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press release on July 1.Major global digital asset financial service provider Huobi has partnered with Chinese blockchain startup Nervos enabling companies to deploy their own blockchains, tokenized assets, as well as DeFi services, according to the announcement.The joint… MicroStrategy Buying Bitcoin Shows Institutional Investors Seek to De-Risk Bitcoin (BTC) adoption by big-money players is once again on the agenda following the recent $250 million BTC purchase by MicroStrategy.Industry commentators have also stated that corporations plugging into Bitcoin will provide prominent tailwinds to push BTC valuation to new heights.With the coronavirus pandemic adversely impacting economies around the globe, investors appear to be… Leave a Reply You must be logged in to post a comment.Search.
